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Aurigen acquisition gets company into reinsurance market

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Red Bank-based Aurigen Capital Limited today announced a subsidiary, Aurigen USA Holdings Inc., will acquire Brokers National Life Assurance Co. to bring Aurigen into the U.S. life reinsurance market.

Aurigen acquires Brokers National from Ameritas Life Insurance Corp., according to an announcement issued by the company. The transaction, which is subject to regulatory approval, is expected to close in the first quarter.

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